ACR had a great day with first Gx FDA approval which is the re-bagded Axiron drug so assume a lot of the work done years ago could have been leveraged.
Its a credit to CEO, Scientific/Technical and Regulatory staff, I still think Dobinson and Board are a liability as they are stale apart from ST position (IMO).
With the competition in generic drug markets and ACR's royalty/profit share model I think we need 6-8 approvals before cash burn to deliver an FDA approval for a wider portfolio is covered.
Ann: Acrux Receives FDA Approval - Generic Testosterone Solution, page-29
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